TSM Jun 2023 80.000 call
- Motley Fool
Why Many Semiconductor Stocks Jumped in January
Many leading semiconductor companies saw their stock prices soar in January 2023, according to data from S&P Global Market Intelligence. For example, Qualcomm (NASDAQ: QCOM) shares gained 19.7%, while Micron Technology (NASDAQ: MU) stock rose by 23.5%. Taiwan Semiconductor (NYSE: TSM) jumped even higher, closing the month's trading 25% higher.
- Motley Fool
Why Taiwan Semiconductor Manufacturing Is Falling Today
Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) were falling 4% in morning trading Monday at 10:37 a.m. on no company-specific news, but the stock has been on a tear so far this year, up 22% year to date. In a notable mention last week, Apple (NASDAQ: AAPL) CEO Tim Cook told analysts during the tech giant's fiscal first quarter earnings conference call that the company was "all in" on being Taiwan Semiconductor's largest customer at its new Arizona facilities. Although Taiwan Semiconductor has been able to sidestep many of the supply chain snags that have embroiled other leading chipmakers, its own latest earnings report had the world's leading pure-play foundry saying weakening consumer demand could result in first-quarter revenue dropping as much as 5%, leading to cuts in this year's capital expenditures compared to a year ago.
- Bloomberg
Taiwan’s Dollar Is Latest Emerging-Market Domino Lined Up to Wobble
(Bloomberg) -- Taiwan’s weakening economic outlook could spell the end of a rally for the island’s currency as investors reassess optimistic wagers on China’s reopening and a recovery in global demand for semiconductors.Most Read from BloombergTwin Earthquakes Kill More Than 1,000 in Turkey and SyriaChina Moves From Contrite to Confrontational Over US BalloonUS Moves to Recover Chinese Balloon While Weighing RetaliationF-22 Makes First Air-to-Air Strike in Chinese Balloon TakedownDell to Cut Abo
